BOTSWANA DIAMONDS PLC 13th September 2023
Botswana Diamonds PLC
("Botswana Diamonds" or the "Company")
Marsfontein Update
Botswana Diamonds plc ('BOD') is pleased to provide an update on its Marsfontein and Thorny River Projects in South Africa.
Mining of the dumps at Marsfontein is ongoing. Exploration, including drilling and geophysics in the mine area has identified a blow of between 5 and 10 metres wide and about 13 metres from surface. This is fresh kimberlite. While we await outstanding permits to mine Thorny River we can continue to mine at Marsfontein.
Chairman, John Teeling, commented: "As a proof-of-concept project Marsfontein is delivering diamond recoveries and values above expectations as previously reported in August. This augers well for Thorny River. The discovery of an unmined blow is excellent news and will enable ongoing production until final permits to mine Thorny River are received".
This release has been approved by James Campbell, Managing Director of Botswana Diamonds plc, a qualified geologist (Pr.Sci.Nat), a Fellow of the Geological Society of South Africa, a Fellow of the Southern African Institute of Mining and Metallurgy, a Fellow of the Institute of Materials, Metals and Mining (UK) and with over 38-years' experience in the diamond sector.
A copy of this announcement is available on the Company's website,
www.botswanadiamonds.co.uk
Enquiries: | ||||
Botswana Diamonds PLC | ||||
John Teeling, Chairman | +353 | 1 833 2833 | ||
James Campbell, Managing Director | +27 83 457 3724 | |||
Jim Finn, Director | +353 | 1 833 2833 | ||
Beaumont Cornish - Nominated Adviser | ||||
Michael Cornish | +44 | (0) | 020 7628 3396 | |
Roland Cornish | ||||
Beaumont Cornish Limited - Broker | +44 | (0) | 207 628 3396 | |
Roland Cornish | ||||
Felicity Geidt | ||||
First Equity Limited - Joint Broker | +44 | (0) | 207 374 2212 | |
Jason Robertson | ||||
BlytheRay - PR | +44 | (0) | 207 138 3206 | |
Megan Ray | +44 | (0) | 207 138 3553 | |
Said Izagaren | +44 | (0) | 207 138 3206 | |
Teneo | ||||
Luke Hogg | +353 | (0) 1 661 4055 | ||
Alan Tyrrell | +353 | (0) 1 661 4055 |
www.botswanadiamonds.co.uk
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Botswana Diamonds plc published this content on 13 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2023 11:46:26 UTC.
